Optimal Grinding Solutions. Appointed Distributor

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1 Optimal Grinding Solutions

2 Agenda 1. Introduction 2. Company Overview 3. Appointed distributor for Limpopo - GMP Mining 4. Experience in the Mining Industry 5. Production Process and Quality Control Measures 6. Value Added Service Offering 2

3 About Autocast Mining As a long-established and renowned brand in the automotive sector since 1973, Autocast brought its high-tech casting expertise to the production of high chrome grinding media in Autocast Mining manufactures high chrome media across all sizes from well located operations in Brits and Port Elizabeth. The business offers design and engineering services from its inhouse tooling centre of excellence. 3

4 About GMP Mining GMP Mining is a mining engineering consultancy firm. GMP Mining offers a wide variety of services in the mining industry, from exploration and valuation; mine design and feasibility studies; mine development and project management to Equipment Assessment, selection, economic modelling and construction. 4

5 Vision To be a sustainable high chrome grinding media supplier to the mining sector, committed to: QUALITY DELIVERY COST COMMUNICATION EXCELLENCE 5

6 Autocast Divisions MINING AUTOMOTIVE Supplier of cast high chrome grinding media to the mining sector Supplier of cast iron and aluminium components to the automotive sector 6

7 Group Structure Autocast South Africa (Pty) Ltd An IEP Portfolio Company GMP Mining Limpopo Province Foundries Machining Specialised Facilities Tooling Centre Brits: High Chrome Port Elizabeth: Aluminum Port Elizabeth Brits: Grinding Media Heat Treatment Design & Engineering Customised Tooling Port Elizabeth: Magma Simulation SG, Iron, Chrome Process Optimization Advanced Metrology 7

8 Customers MINING AUTOMOTIVE 8

9 Product Range Size Chrome Content 9 Hardness 30 mm % Rockwell C 40 mm % Rockwell C 60 mm % Rockwell C 70 mm % Rockwell C 80 mm % Rockwell C 90 mm % Rockwell C 110 mm % Rockwell C 120 mmm % Rockwell C

10 Tons per month Grinding Media - Capacity Capacity Free Capacity Free Capacity Other Lonmin Impala 250 Tharisa 0 PE Plant Brits Tharisa Impala Lonmin Other Free Capacity 10

11 Empowerment Structure AUTOCAST WORKERS TRUST 81% Black ownership MATERIAL CONVERSION HOLDINGS (An IEP Company) 15 % 100% AUTOCAST MINING (PTY) LIMITED 26% Black ownership 85% AUTOCAST SOUTH AFRICA (PTY) LIMITED GMP Mining Fully empowered 11

12 Certifications ISO 9001:2008 ISO 14001:2004 TS 16949:2009 BBBEE Mintek 12

13 Experience in the Mining Industry Apr 2012 Jan 2013 May 2014 Oct 2014 Jul 2015 Oct 2015 Oct 2015 Feasibility study undertaken into the grinding media market Start of grinding media development with Mintek as partner Grinding media tooling investment complete in Port Elizabeth. Available capacity in Port Elizabeth 1600 tons per month Grinding media sales commence (Tharisa tons per month) Mintek certification obtained Marked Ball Test passed Impala Commissioning of latest technology purpose built heat treatment facility Jan 2016 Feb 2016 Mar 2016 Sep 2016 Jun month Mill Test commences with Impala Alliance established with IPtR bringing extensive knowledge & experience on UG2 and Merensky reefs 6 month Mill test commences with Lonmin GMP Mining appointed distributor for Limpopo Province Brits plant scheduled to re-open producing 3000 tons of high chrome grinding media for the mining industry 13

14 Capital Commitment 2016/17 Investment in Melting capacity o R30 Mio Moulding Line o Latest Technology Investment R40 Mio Heat Treatment o Installation of 3 additional lines R 24 Mio These investments will ensure that Autocast Mining will be the lowest cost producer of quality grinding media to the mining industry. 14

15 Operations Melting Capacity - 100k tons p/a Induction Furnaces - ABP medium frequency furnaces Moulding Greensand plant including Eirich mixer 100T/hour HWS horizontal moulding line capacity boxes p/a. Box size: 770 x 570 x 520 Disamatic 2012 vertical moulding line Plate size: 600x478-1 million boxes p/a Heat Treatment Continuous process Separate oil quenching and tempering machines Accurate temperature control Quality Assurance Quality Management System certified - ISO 9001, ISO/TS as well as VDA 6.3. Annual audit schedule covering all business areas as well as suppliers Fully equipped metallurgical laboratory with furnace ladle, casting and sand controls. In-process and final inspection by Quality with positive batch release control. 15

16 Production Process Raw Material Pouring Moulding Processing Product Despatch Quality Heat Treatment 16

17 Quality Control Measures Fully equipped laboratory including: Spectro analysis Leco analysis Hardness testing Drop ball testing facility Batch ball sectioning to ensure zero porosity. Electronic controlled heat treatment equipment to ensure process conformity to specifications. Batch samples kept for traceability. Complete chemical and hardness statistics supplied with every delivery. 17

18 Value Added Service Offering Autocast is committed to customer service excellence: QUALITY, DELIVERY, COST, COMMUNICATION Develop partnership with mine management for the most cost efficient grinding media solutions. GMP Mining appointed distributor for Limpopo Foundries Engineering Centre capabilities: In-house Design & Engineering Centre Customised tooling Magmasoft casting simulation Process Optimisation Destructive testing 18

19 Value Added Service Offering continued Technical Support: IPtR agent based in Rustenburg. Autocast to work with our customer to increase efficiencies by evaluating the complete milling circuit and not just grinding media. Quality Control: Specification sheet supplied with all grinding media delivered. Comparative testing on grinding media from different suppliers as per customer requests. Safety Issues: Autocast to work with our customer operational team to ensure all safety objectives are met. Work towards continuous improvement of quality standards not just on grinding media but the complete milling operation. 19

20 Melting and Moulding 20

21 Processing 21

22 Heat Treatment 22

23 Piet Pretorius Street, Industrial Site, Brits 0250 South Africa Optimal Grinding Solutions We invite you to visit our facilities.

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